On March 7, 2022, the application of Yunnan Jianzhijia Health Drug Store Chain Co., Ltd. (“Jianzhijia,” stock code: 600096) for non-public offering of shares was unconditionally approved by the Public Offering Review Committee of China Securities Regulatory Commission (CSRC).

On January 6, 2022, China National Petroleum Corporation (CNPC) announced the bidding result for its first-class external law firms(2022-2024). DeHeng won the bid for the comprehensive service package in Beijing, and specialist service package in the areas of labor law, resources and environment, competition law and anti-monopoly law.

DeHeng is glad to announce that we are once again successfully selected into the law firm database of the Ministry of Commerce of China (MOFCOM) as outside lawyer according to the list of bid winners released by MOFCOM on November 11, 2021. DeHeng won for the third time the bid for "The International Trade and Investment Disputes Category – Legal Affairs regarding International Investment (Domestic)" and for the fourth time "The Trade Remedy and Trade Barrier Response Category – Trade Barrier and Response to Section 337 Actions."

On February 1, 2021, in the presence of Party Secretary Ruan Chengfa and Governor Wang Yubo of Yunnan Province, and Chen Derong, Chairman of China Baowu Steel Group Co., Ltd., Zong Guoying, a member of the Standing Committee of the CPC Yunnan Provincial Committee, Executive Vice Governor, and Hu Wangming, the general manager of Baowu Group signed an cooperation agreement on behalf of both parties to deepen cooperation with the aim of Yunnan Provincial Government holding a 10% stake in Kunming Iron & Steel Holdings Co., Ltd. (KISC) and Baowu Group holding a 90% stake in KISC. On the same day, the State-owned Assets Supervision and Administration Commission(SASAC) of Yunnan Province, Baowu Group and KISC signed an entrustment management agreement, according to the agreement, the Yunnan SASAC entrusted Baowu Group to manage the Kunming Iron & Steel Holdings Co.. DeHeng provided full legal services for this project.

On November 2, 2020, the application of Yunnan Yuntianhua Co., Ltd. ("Yuntianhua," stock code: 600096) for non-public offering of shares was unconditionally approved by the Public Offering Review Committee of China Securities Regulatory Commission (CSRC). The approval (No.3069 of 2020) has recently been received.

On March 27, 2020, with the support of the National Association of Financial Market Institutional Investors and relevant authorities of Yunnan Province, and assisted by the Bank of Communications, CITIC Construction Investment and DeHeng Law Offices, Kunming Iron & Steel Holding Co., Ltd. successfully issued the first ultra-short-term bond for 2020 (for epidemic prevention and control). The bond was worth RMB 500 million with a term of 270 days, and was the first epidemic prevention and control bond with the same rating in the iron & steel industry. RMB 50 million of the fund raised will be used for the sourcing of raw materials for the production of preventive equipment by the issuer's subsidiaries.